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Best Investing Apps in Europe for 2024 | Ranked & Reviewed

Franklin Silva| Updated January 23rd, 2024

Have you ever imagined that one day, you could have complete control of your finances in the palm of your hands? That’s a reality, and when looking for investing apps, you will not run out of options. Whether you are an Android or iOS user, you have a broad offering that can help you monitor asset prices, your overall portfolio, and trade!

What is the right one for you? It all comes down to your needs. We have selected some prominent investing apps that are best for specific asset classes and include other criteria, such as a two-step login, a user-friendly platform, a wide variety of order types, and good search functions.

Best Investing Apps in Europe for 2024

  1. Interactive Brokers: Best overall investing app in Europe
  2. eToro: Best for commission-free investing and social trading
  3. XTB: Best for CFD and Forex trading
  4. DEGIRO: Best for low-cost investing
  5. inbestMe: Best for automated investing
  6. Lightyear: Best for interest on uninvested cash
Best Investing Apps in Europe for 2024 | Ranked & Reviewed 1

Best overall investing app in Europe

Min. deposit of €0
Offers interest on uninvested cash balances
Excellent reputation (founded in 1978)
View BrokerBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2Read review
Interactive Brokers summary

IBKR is a leading global online broker which provides an advanced trading platform, a large selection of tradable securities, and low fees. It also launched IBKR GlobalTrader.

Supported countriesWorldwide (exceptions apply)Fractional sharesYes
RegulatorsFINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS and MNB.Interest on uninvested cashEUR: 3.467%; USD: 4.83%; GBP: 4.75% (as of January 2024)
Products and MarketsStocks, ETFs, Options, Futures, Forex, Commodities, Bonds and Funds.
Best Investing Apps in Europe for 2024 | Ranked & Reviewed 3

Best for commission-free investing and social trading

Min. deposit of $50 (varies between countries)
$0 for stocks and ETFs (other fees apply)
Demo account
View BrokerBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2Read review
eToro summary

The leading social trading platform with 30M+ users worldwide. Copy other traders/investors, invest in one of the pre-built portfolios, or trade for yourself.

Supported countriesWorldwide (exceptions apply)Fractional sharesYes
RegulatorsFCA, CySEC and ASIC.Interest on uninvested cashUp to 5.3% in USD
Products and MarketsStocks, ETFs, Cryptocurrencies and CFDs on Stocks, ETFs, Commodities, Forex, Indices and Cryptocurrencies.

76% of retail CFD accounts lose money.

Best Investing Apps in Europe for 2024 | Ranked & Reviewed 5

Best for CFD and Forex trading

Min. deposit of €0
€0 for stocks and ETFs
Demo account
View BrokerBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2Read review
XTB summary

XTB is a well-known online broker established in 2002 with offices in over 30 countries all over the world.

Supported countriesWorldwide (exceptions apply)Fractional sharesYes (in some countries)
RegulatorsFCA, KNF, CySEC, DFSA and FSCInterest on uninvested cashEUR: 3.80% first 90 days, then 2.00% (quoted annually); USD: Up to 5%
Products and MarketsReal Stocks, ETFs, Forex and CFDs on Stocks, ETFs, Indices, cryptocurrencies and commodities.

76-85% of retail CFD accounts lose money.

Best Investing Apps in Europe for 2024 | Ranked & Reviewed 7

Best for low-cost investing

Min. deposit of €/£1
Low fees
Easy to use app
View BrokerBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2Read review
DEGIRO summary

DEGIRO is a discount broker allowing retail clients to benefit from the same low rates and opportunities that used to only be available to professional clients.

Supported countriesEuropeFractional sharesNo
RegulatorsAFM, DNBInterest on uninvested cash0%
Products and MarketsReal Stocks, ETFs, Investment Funds, Futures, Leveraged Products, Bonds and Warrants.

Investing involves risk of loss.

Best Investing Apps in Europe for 2024 | Ranked & Reviewed 9

Best for automated investing

Low management fees
Automatic rebalancing
Advisor Access
View BrokerBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2
inbestMe summary

inbestMe is a Spanish Robo-Advisor that operates worldwide. It offers both EUR and USD ETF portfolios plus sustainable portfolios. Get a €50 bonus for signing up!

Supported countriesWorldwideFractional sharesNo
RegulatorsCNMVInterest on uninvested cash0%
Products and MarketsETFs and Index Funds.
lightyear logo

Best for interest on uninvested cash

Minimum deposit: €/£/$1
No Lightyear execution fees for ETFs (other fees may apply)
Interest on EUR, USD and GBP cash
View BrokerBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2Read review
Lightyear summary

Lightyear is a new fintech in the commission-free trading space with the idea of giving you an accessible way to increase your savings over time. It allows you to invest from only €/$/£1 and gives you a multi-currency account.

Supported countriesEuropeFractional sharesYes (only for US Shares)
RegulatorsESFA and FCA (as an Appointed Representative)Interest on uninvested cashEUR: 3.25%; USD: 4.50%; GBP: 4.50% (as of December 2023)
Products and MarketsStocks, ETFs and MMFs.

Terms apply, seek guidance if necessary. When you invest, your capital is at risk.

Comparison of the Best Investing Apps in Europe

Broker Minimum deposit Products US stock fees Regulators
Interactive Brokers €/$0 Stocks, ETFs, Options, Futures, Forex, Commodities, Bonds and Funds Tiered plan: $0.0035 per share (Min. $0.35; Max. 1% of trade value.) FINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS, MNB
eToro $50 (varies between countries) Stocks, ETFs, Forex, Crypto, CFDs on Stocks, ETFs, Cryptos and Commodities. Social Trading, Copy Portfolios $0 (other fees apply) FCA, CySEC, ASIC
DEGIRO €/$/£1 Stocks, ETFs, Investment Funds, Futures, Leveraged Products, Bonds and Warrants €/£1 (+ €/£1 flat handling fee + connectivity fees) AFM and DNB
XTB €/$0 Stocks, ETFs, Forex and CFDs on Stocks, ETFs, Indices, cryptocurrencies and commodities €0 (Up to €100.000 in monthly volume transactions) FCA, KNF, CySEC, DFSA and FSC
inbestMe €5,000 (€1,000 for Spanish investors) ETFs and Index Funds Not Applicable CNMV
Lightyear €/£/$1 Stocks, ETFs, and MMFs 0.10%, up to $1 max per order EFSA and FCA (as an AR)

#1 Interactive Brokers

Best Investing Apps in Europe for 2024 | Ranked & Reviewed 12
Visit Interactive BrokersBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2

Interactive Brokers at a glance

App available in iOS and Android
Demo Account
Minimum Deposit€/$/£0
ProductsStocks, ETFs, Options, Futures, Forex, Commodities, Bonds and Funds
RegulatorsFINRA, SIPC, SEC, CFTC, IIROC, FCA, CBI, AFSL, SFC, SEBI, MAS, MNB

Founded in 1978 and publicly listed in NASDAQ (ticker: IBKR), Interactive Brokers is a global online broker with a strong capital position, conservative balance sheet, and automated risk controls.

Interactive Brokers offers two separate mobile apps: 

  • IBKR Mobile: an advanced mobile trading app that gives you access to a wide range of products (stocks, options, mutual funds, ETFs, futures, bonds, and currencies) from 150 markets, EventTrader, Impact Lens, and a set of technical and fundamental tools.
  • IBKR GlobalTrader: With a modern design, it focuses more on beginners and investors who do not require active trading. You can only trade stocks, ETFs, and options, plus basic features like deposit/withdraw money, fractional shares, and currency conversion.

Best Investing Apps in Europe | IBKR Mobile App (left) & IBKR GlobalTrader (right)

On the downside, Interactive Brokers’ fee structure is quite complex, and the broker doesn’t offer commission-free trading. However, when considering FX fees, narrower spreads, and the stock loan program, Interactive Brokers’ clients still get significant savings compared to most brokers.

Want to know more about Interactive Brokers? Check our Interactive Brokers Review.

#2 eToro

Best Investing Apps in Europe for 2024 | Ranked & Reviewed 3
Visit eToroBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2

76% of retail CFD accounts lose money.

eToro at a glance

App available in iOS and Android
Demo Account
Minimum Deposit$50 (varies per country)
ProductsETFs, Stocks, Cryptocurrencies and CFDs on Stocks, Commodities, Forex and Indices
RegulatorsFCA, CySEC, ASIC

eToro is a multi-asset platform and the leader in social trading with no number two platform in sight! With over 30 million users worldwide, it lets you copy other people’s trade, invest in smart portfolios, or invest for yourself in stocks and ETFs with 0% commissions (other fees apply), plus cryptos and a bunch of CFDs in several asset classes.

eToro mobile app offers the same features as their web version but on a smaller screen. It “shrinks” everything into an intuitive mobile app. You can construct and monitor your portfolio (3,000+ financial assets available), check for alert notifications, follow other investors, deposit/withdraw money, and contact customer support.

Best Investing Apps in Europe | eToro’s Mobile App

eToro is regulated by top-tier financial authorities like the Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC).

On the downside, it only has one account base currency (USD) and charges a 5$ commission per withdrawal. Plus, you will incur spreads and overnight fees if you leverage your positions through CFDs.

If you are interested, please read our eToro Review.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

#3 DEGIRO

Best Investing Apps in Europe for 2024 | Ranked & Reviewed 7
Visit DEGIROBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2

Investing involves risk of loss.

DEGIRO at a glance

App available in iOS and Android
Demo Account
Minimum Deposit€/£1
ProductsStocks, ETFs, Mutual Funds, Bonds, Warrants, Futures and Options
RegulatorsDNB, AFM (BaFin supervises flatexDEGIRO Bank AG, the DEGIRO parent company)

Founded in 2013, DEGIRO is a low-cost brokerage firm available in 15 European countries. With over 2.5 million users, the innovative platform has become widely known for being a good execution platform without deposit/withdrawal fees and with a list of commission-free ETFs (external costs apply).

The DEGIRO mobile app is an excellent complement to the web version. The app offers a decent mobile experience with a valuable search bar, a good portfolio summary, and a broad overview of market events and live news.

Best Investing Apps in Europe | DEGIRO’s Mobile App

Some of its flaws are the absence of significant fundamental research, a €/£2.50 connectivity fee, and missing pricing alerts.

Regarding security, DEGIRO is the Dutch branch of flatexDEGIRO Bank AG (a German-regulated bank). It falls under the German Investor Compensation Scheme, compensating losses from non-returned assets up to 90% (with a maximum of €20,000). Furthermore, any money deposited on a DEGIRO Cash Account with flatexDEGIRO Bank AG will be guaranteed up to €100,000 under the German Deposit Guarantee Scheme.

Still any doubts? Go through our DEGIRO Review!

#4 XTB

Best Investing Apps in Europe for 2024 | Ranked & Reviewed 5
Visit XTBBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2

76-85% of retail CFD accounts lose money.

XTB at a glance

App available in iOS and Android
Demo Account
Minimum Deposit€/$0
ProductsStocks, ETFs, CFDs on Stocks, ETFs, Indices, Commodities and Forex
RegulatorsCySEC, FCA, KNF, CNMV, and IFSC

Established in 2008, XTB is a well-known online broker with a presence in over 13 countries. It has two trading platforms (xStation 5 and xStation Mobile), a diverse range of tradeable instruments, exceptional customer service, and many free educational materials.

xStation Mobile is a premier application for charts and technical analysis, with the ability to apply numerous indicators like moving averages, volume and pivot points. Navigation is simple, with an intuitive order placing for any asset class.

Best Investing Apps in Europe | XTB’s Mobile App

On the negative side, XTB has a limited product portfolio, and it charges a €10 monthly inactivity fee (after 1+ year with no activity plus no deposit in the last 90 days), which may jeopardize investors looking for long-term investments.

You can check our XTB review for more insights.

#5 inbestMe

Best Investing Apps in Europe for 2024 | Ranked & Reviewed 9
Visit inbestMeBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2

inbestMe at a glance

App available in iOS and Android
Demo Account
Minimum Deposit€5,000 (€1,000 for Spanish Investors)
ProductsETFs and Index Funds
RegulatorsCNMV

inbestMe is a Robo-Advisor that allows you to build a customized portfolio based on your financial objectives and risk tolerance. It is fully automated and even offers tax-loss harvesting (tax efficiency). It charges a maximum management fee of 0.41%/year. Access to a human advisor is available for amounts above €100,000.

The inbestMe app is not particularly relevant when compared to the brokers’ app since you do not have the purpose of trading, following the news or set alerts. The main functions will be to deposit/withdraw and follow your current portfolio through your investment dashboard. Nonetheless, it is a smooth app, and in the palm of your hand, you check how your portfolio evolves.

Best Investing Apps in Europe | inbestMe’s Mobile App

You have four available ETF investment styles: inbestMe ETF, inbestMe ETFs Dynamic, inbestMe ETFs Value, and a Socially Responsible Investing ETF. You can start investing in this portfolio with a minimum of €/$5,000.

InbestMe is regulated and supervised by the CNMV (National Securities Market Commission), the body supervising and inspecting the Spanish securities markets. Your investments are protected up to €100,000 by FOGAIN, depending on which Interactive Brokers account is opened (€20,000 for IB Ireland and up to $500,000 for the IB United States).

#6 Lightyear

lightyear logo
Visit lightyearBest Investing Apps in Europe for 2024 | Ranked & Reviewed 2

Terms apply, seek guidance if necessary. When you invest, your capital is at risk.

Lightyear at a glance

App available in iOS and Android
Demo Account
Minimum Deposit€/$/£1
ProductsStocks, ETFs, MMFs
RegulatorsEFSA and FCA (as an AR)

The content on this page includes financial promotion. We Investing in the Web will be paid a referral fee when you open an account and deposit funds through one of the links on this page.

Lightyear is an emerging investing app in Europe. Its user-friendly and well-designed mobile trading platform features an efficient search function and neatly organised asset groups. It’s available for both Android and iOS. One drawback compared to the web platform is that the mobile app is only available in English.

In the mobile app, you are prompted to choose a 4-digit PIN to secure your app. One notable feature of the mobile app is that it allows you to use biometric data (Face ID or fingerprint) to log in.

Best Investing Apps in Europe | Lightyear’s Mobile App

You can find a search bar at the top and essential information, such as the announcement “You’re earning interest”, “Popular this week” or “Discover”. These sections are further divided into Stocks and ETFs, serving as a collection of “Trending Assets” on the platform for the current week. The Lightyear mobile app offers Market, Limit, and recurring orders, just like the web trading platform. However, it’s essential to note that compared to competitors such as Interactive Brokers, the order choices are somewhat limited.

Lightyear operates under the regulations of Estonia and the UK authorities. Lightyear Europe is directly regulated by the Estonian Financial Supervision Authority (EFSA) -4.1-1/31. In the UK, Lightyear Financial Ltd administers your Lightyear account. Lightyear Financial Ltd (FRN 955739) is an appointed representative (AR) of RiskSave Technologies Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN 775330, FCA).

Disclaimer: Capital at risk. The provider of investment services is Lightyear Financial Ltd for the UK and Lightyear Europe AS for the EU. Terms apply: lightyear.com/terms. Seek qualified advice if necessary.

The bottom line

To summarize here’s the list of “Best Investing Apps in Europe”:

#1 Interactive BrokersBest overall trading platform in Europe
#2 eToroBest for commission-free investing and social trading
#3 XTBBest for CFD and Forex trading
#4 DEGIROBest for low-cost trading
#5 inbestMeBest for automated investing
#6 LightyearBest for interest on uninvested cash

Understanding the need for a sound investment journey is crucial. Knowing the proper app to perform that task is also essential! We understand that the information concerning investing apps is dispersed online, so we hope our suggestions give you a clear path on which one may suit your needs.

Remember that this article should not be construed as investment advice but should be considered information only. Investors should do their own research and due diligence regarding the services and opportunities best suited for their risk tolerance.

FAQs

What is an investment app?

An investment app is a mobile application available in Android, iOS and other operating systems that allows you to access your investments without the need to login into the desktop version of any investment platform. Most investment platforms develop their own trading apps for customers to use.

What is the best trading app?

As much as we would like to give a straight answer, there is no “correct” one. What are you looking for? Trade ETFs, Stocks, a mix of both? Do you value educational materials? Is good customer support non-negotiable for you? It all depends on your personal preferences.

Is it recommended for beginners?

Yes, since it allows you to check your overall portfolio and live news and, in some apps, even gives you access to educational videos. Still, beware that an app-based trading platform can induce overtrading. The power of investing in the palm of your hand sounds appealing, but it can harm you if you don’t use it wisely.

How much money do I need to open an investment app?

The minimum required by the broker (or Robo-Advisor), regardless of being in the desktop or mobile app. Most investment platforms have a minimum deposit below €/$50.

How do I open an account with an investment app?

Go to the Play Store, Apple Store or any similar app store, search for the app you are looking for, download it and simply follow the instructions after clicking sign-up.

What assets can you trade on investing apps?

It will depend on your investment app/platform. Generally, you can trade a wide range of financial products, such as Stocks, ETFs, Options, Cryptocurrencies, Funds, and CFDs on Indices, commodities and currencies.

Are investing apps safe?

Yes! Most mobile apps require authentication through two-factor authentication and other layers of security such as fingerprint and face ID. Plus, any regulation and investor compensation scheme applicable to the broker also includes their mobile app.

Franklin Silva
Co-Founder & Fintech Analyst

Franklin is a CFA Level III Candidate with 3 years of experience in Wealth Management as a Fund Research Analyst and the Host of the "Edge Over Hedge" YouTube Channel.

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